Supply Chain Shaman

JUNE 12, 2020

Downsizing inventories over the past decade crippled the response.” In Table 1, I share research collected for the Supply Chains to Admire analysis on the average days of inventory by industry across the period of 2004 to 2019 by increments to match economic shifts. Days of Inventory Peer Group Across Time Periods.

Inventory Management Software 262

Inventory Management Software Inventory Management Inventory Reduction Inventory 262

SCMDOJO

JULY 16, 2024

This article explores challenges identified in a research paper by McKinnon (2006) focusing on vehicle utilization and efficiency in the freight industry [1]. Logistics Research, 10(1), 63-78. Transportation Research Part E: Logistics and Transportation Review, 118, 572-588. Chen et al., Guo, Z., & Xiao, Y. Routledge. [8]

Optimal Sourcing 97

Optimal Sourcing Procurement Solutions Supply Chain Design Software Research 97

SCMDOJO

NOVEMBER 20, 2024

Excessive and obsolete inventory can cause a business to fail. One needs to mitigate these challenges and learn how to optimize inventory. Healthy inventory optimization management can help a company flourish like a wealthy field. That is why optimizing inventory and reducing obsolescence is a necessity. Click here!

Inventory Reduction 52

Inventory Reduction Vendor Strategies Cost Reduction Strategies Resource Reduction 52

ToolsGroup

SEPTEMBER 6, 2023

The Quadrant Knowledge Solutions SPARK Matrix™ provides competitive analysis & ranking of the leading Global Supply Chain Inventory Optimization (IO) vendors. In the complex world of supply and demand, inventory optimization ensures a perfect balance between having too much and not enough stock.

ToolsGroup 156

ToolsGroup Optimization Software Supply Chain Design Software Supply Chain Planning Software 156

ivalua

APRIL 9, 2021

The research, conducted by Forrester Consulting and commissioned by Ivalua, found that procurement has become of growing importance to organisations, with 85% of respondents indicating that executive leadership recognises procurement’s role in revenue growth. Inaccurate data leads to inventory management challenges.

Inventory Reduction 130

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Optimal Sourcing 130

ToolsGroup

SEPTEMBER 29, 2022

Improving inventory position can help retailers secure consumer loyalty and capture impulse spending. Across other retail sectors, customers have increased their trust in inventory availability from 1-7%. In July 2022, IHL and ToolsGroup surveyed U.S. consumer trust in retailers over the last two years as a result of out-of-stocks.

ToolsGroup 156

ToolsGroup Optimal Sourcing Study Groups 156

E2open

AUGUST 6, 2018

Inventory optimization solutions are a key lever which can enable companies to streamline operations while maintaining service levels and freeing up working capital. To learn more about the unique features and capabilities of E2open’s Inventory Optimization Solution, download this year’s Inventory Optimization Value Matrix.

Research 60

Research Supply Chain Optimization Price Mitigation Strategies Inventory 60

ToolsGroup

NOVEMBER 12, 2024

QKS Group , a global advisory and research firm, evaluates vendors for its SPARK Matrix™ based on two key criteria: technology excellence and customer impact. For more available research, please visit [link]. At QKS Group, our vision is to become an integral part of our client’s business as a strategic knowledge partner.

ToolsGroup 156

ToolsGroup Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 156

ivalua

APRIL 8, 2021

The research, conducted by Forrester Consulting and commissioned by Ivalua, found that procurement has become of growing importance to organizations, with 85% of respondents indicating that executive leadership recognizes procurement’s role in revenue growth. Inaccurate data leads to inventory management challenges. 0207 436 0420.

Inventory Reduction 130

Inventory Reduction Cost Reduction Strategies Sourcing Strategies Optimal Sourcing 130

Supply Chain Shaman

OCTOBER 4, 2018

At the session, we discussed why companies have not made more progress on inventory management. In the case of Apparel and Automotive industries there are slight improvements, but they have shifted inventories to suppliers. Days of Inventory Pre and Post-Recession. IT View of the Current State of Inventory. Five Reasons.

Inventory Management Software 272

Inventory Management Software Inventory Reduction Inventory Management Supply Chain Planning Software 272

ToolsGroup

OCTOBER 25, 2022

More than ever, seasonal inventory needs to be carefully accounted for during the demand forecasting and inventory planning process , ensuring right-sized inventory that can meet customer expectations while limiting the spend and use of working capital. Benefits of Effective Seasonal Inventory Management.

Inventory Reduction 156

Inventory Reduction Inventory Optimal Sourcing Supply and Demand 156

SCMDOJO

MARCH 19, 2024

This is where the Life Cycle Inventory (LCI) comes into play. In this article, we dive deep into the world of Life Cycle Inventory, exploring its significance, methodology, and applications. What is the Life Cycle Inventory (LCI)? It includes determining the purpose of the study, the system boundaries (i.e.,

Inventory Reduction 98

Inventory Reduction Analysis Material Savings Optimal Sourcing 98

Supply Chain Shaman

MAY 13, 2024

I share research, observations, and insights. I shared this after interviewing 150 companies on their S&OP processes while at AMR Research. This research, completed in 2006, was during the transformation of multi-national to global supply chains. Profits were good, and the organization struggled to manage inventory.

S&OP 352

S&OP Supply and Demand Inventory Reduction Expense Reduction 352

ToolsGroup

JUNE 8, 2018

Source: Gartner Research. Gartner Research analyst Paul Lord has developed a thought-provoking approach (shown in the above diagram) for tailoring supply and inventory tactics to different inventory segments. Traditional ABC inventory models segment inventory into A, B and C categories based on annual consumption value.

Modeling 197

Modeling Optimal Sourcing Inventory Reduction Demand Planning Software 197

Supply Chain Insights

JUNE 23, 2014

It is a research supply chain. When you fill out our surveys, and participate in our research projects, you give to us; and in return, we publish Open Content research, in front of the firewall/paywall for you to share with your teams. Our goal is always to give to you high-quality research with unique insights.

Research 194

Research Supply Chain Design Software Supply Chain Planning Software Supply Chain Design 194

SCMDOJO

NOVEMBER 29, 2023

In today’s fast-paced business world, excess inventory can be a major hindrance to growth and profitability. Whether it’s unsold products taking up valuable storage space or excess & obsolete items tying up capital, having excessive inventory can lead to increased costs and decreased cash flow.

Inventory Reduction 111

Inventory Reduction Material Savings Resource Reduction Inventory Management Software 111

ToolsGroup

OCTOBER 31, 2017

“Your inventory problem is scary because you’re selling out before you can make new items to meet demand”. Many retailers agree that inventory can be scary. Jill , Nike and H&M who missed sales projections, upset customers with out-of-stocks, and had to clear excess inventory through deep discounting. They are not alone.

Inventory Reduction 195

Inventory Reduction Inventory Forecasting Expense Reduction 195

RFgen

APRIL 30, 2024

The answer lies in modern inventory management best practices. Specifically, the use of perpetual inventory systems. What is a perpetual inventory system? Perpetual inventory management relies on technology to track inventory with timely data and a high degree of accuracy. Wonder no more.

Inventory Management Software 81

Inventory Management Software Inventory Reduction Supply Chain Planning Software Optimization Software 81

ToolsGroup

JULY 28, 2023

With a complete set of out-of-the-box capabilities for demand planning, inventory optimization, and replenishment, companies experience shorter time to implement and faster time to value. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact.

Gartner 290

Gartner Supply Chain Planning Software ToolsGroup Vendor Strategies 290

ToolsGroup

NOVEMBER 4, 2022

Excess inventory – it’s taking up your warehouse space, tying up working capital, and limiting your planning team’s range of motion. It’s time to Marie Kondo your supply chain by eliminating excess inventory and learning how to avoid it in the first place. Let’s talk about: What Excess Inventory Is. What Causes Excess Inventory.

Inventory Reduction 156

Inventory Reduction Material Savings Cost Reduction Strategies Inventory 156

Supply Chain Shaman

JULY 31, 2024

In parallel, I am involved in several research projects. In other studies, I am working with data scientists and statisticians to glean insights from over sixty quantitative research projects over the last decade. In short, the research tells me that the manufacturing industries are stuck.

Supply Chain Planning Software 326

Supply Chain Planning Software Supply Chain Planning Supply Chain Design Software Scenario Planning 326

Supply Chain Shaman

OCTOBER 23, 2024

Background I am an independent research gal. Unlike the bevy of pay-for-play podcasters and social influencers pelting us with opinions, my focus is on data and research processes. What Can We Learn About the Redefinition of Work from the Research? Here we use the research to rationalize the approaches: Tight Integration to ERP.

Supply Chain Planning Software 263

Supply Chain Planning Software Supply Chain Planning Scenario Planning Agile and Lean Supply Chain 263

Supply Chain Opz

OCTOBER 29, 2013

Many people think a supply chain research is boring and it is the ivory tower that they don''t need to climb. This article will show you why a research is relevant to you and how to study without damaging your brain! Background What is a research? Not Everything is Equal So let''s talk about the types of researches a bit.

Research 227

Research Agile and Lean Supply Chain Supply Chain Software Vendor Strategies 227

ToolsGroup

MARCH 20, 2018

The 2018 Nucleus Research Inventory Optimization (IO) Value Matrix Report has just been released, and analyst Seth Lippincott identifies the latest technology trends, top inventory optimization solution providers, and the strengths and weaknesses of each vendor.

Optimization Software 192

Optimization Software Vendor Strategies Inventory Reduction Network Optimization 192

SCMDOJO

AUGUST 4, 2023

Are you tired of dealing with excessive inventory levels that eat up your storage space, tie up your capital, and hinder your company’s growth? If so, then it’s time to consider the numerous benefits of reducing inventory. Inventories are designed to match customer(s) demand. The same applies to inventory reduction.

Inventory Reduction 98

Inventory Reduction Material Savings Cost Reduction Strategies Waste Reduction 98

ToolsGroup

JUNE 11, 2019

With all the buzz around digital transformation, someone peering in from outside supply chain may assume most businesses have already digitized essential tasks like inventory planning. This article will share five things you need to know about optimizing inventory in the digital age.

Optimization Software 244

Optimization Software Supply Chain Optimization Supply Chain Planning Software Network Optimization 244

Logility

AUGUST 4, 2022

About 31% of grocery products consumers looked for were out of stock in the first week of April, according to Datasembly , a research firm that monitors grocery and retail pricing. Then, as port problems eased, a glut of inventory – a phenomenon known as the “ bullwhip effect.” Big Box Blues.

Price Reduction 130

Price Reduction Inventory Reduction Analysis Resource Reduction 130

QAD

MARCH 30, 2023

As I discussed in a recent article in RFID Journal , RFID technology has changed a lot since 2005 and could be the secret to ensuring greater visibility and inventory accuracy this year. and bring inventory accuracy up to an impressive 99.9%. Inventory tracking is the most successful use case for RFID technology.

Manufacturing Procurement 98

Manufacturing Procurement Inventory Management Software Supply Chain Planning Software Supply Chain Software 98

BlueYonder

DECEMBER 20, 2022

Nucleus Research recently released its Control Tower Technology Value Matrix 2022 , a report that looks at the competitive landscape for control tower solutions and assesses the technology vendors. If you’re using predictive analytics to drive an autonomous action like moving inventory, that’s not an isolated decision.

Research 79

Research Prescriptive Analytics Software Rail Software Supply Chain Planning Software 79

Unleashed

JANUARY 31, 2023

In-transit inventory is a frequently overlooked aspect of inventory management and accounting for product businesses. What is in-transit inventory? In-transit inventory is products that have been shipped by the seller but have yet to reach the customer. Who owns in-transit inventory?

Inventory Reduction 98

Inventory Reduction Inventory Inventory Management Software Supply Chain Planning Software 98

Supply Chain Shaman

OCTOBER 22, 2015

As a team we conduct quantitative research of supply chain leaders to help gain clarity of the answers. The impact of complexity on inventory is not quick. To help, today I want to share some of the insights from our recent Inventory Optimization study. Inventory management is a hot issue. Why do we do this?

Inventory Reduction 150

Inventory Reduction Supply Chain Design Software Inventory Supply Chain Planning Software 150

ToolsGroup

NOVEMBER 13, 2018

In this post we’ll explore how probabilistic forecasting not only creates better forecasts, but also improves inventory optimization by improving the stock levels at store and warehouse locations in your distribution network. Inventory optimization (IO) systems can then use this information to better identify the optimal inventory targets.

Forecasting 159

Forecasting Forecasting Software Optimization Software Supply Chain Optimization 159

Unleashed

APRIL 1, 2024

Effective perishable goods inventory management will save your organisation money by minimising inventory waste and reducing your carrying costs. This guide explores all you need to know about perishable goods inventory. Perishable goods, also known as perishable goods inventory, are products that expire or degrade over time.

Inventory Management Software 52

Inventory Management Software Inventory Management Inventory Reduction Inventory 52

ToolsGroup

MAY 17, 2016

Industry analysts have pointed out an obvious fit with inventory optimization. If retailers optimize their inventory—dynamically aligning their supply chains to changing customer preferences and behavior—they can position inventory to satisfy demand at the lowest possible cost.

Optimization Software 180

Optimization Software Omnichannel Inventory Reduction Supply Chain Optimization 180